, Columnist
Eternal Market Patience Offers Eternal Rewards
Crunching 200 years of stock, bond, currency and commodity data reveals some shocking results.
A saying attributed to Michelangelo holds relevance to markets today.
Photographer: Pierpaolo Cito/AFP
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“Genius is eternal patience.” So said Michelangelo, and his comment continues to resonate so strongly that it greeted Bloomberg users Wednesday morning when they signed on to the terminal. And his comment fits neatly with the remarkable efforts now afoot as the quants mine ever-greater mounds of historical information in search of patterns.